Quote:
Originally Posted by manaboutown
Perhaps I should have titled this thread "How high can it go?"
The NVDA I bought on a lark mid 2022 is now priced at 10 times what I paid for it. Admittedly, it was just dumb luck as I knew little about it. A long time very successful IT stock investor friend had bought it years ago and it had kept going up so I thought oh what the heck.
Yet, I remember the dot com bust and am still keeping a stockpile of cash so I can continue to pass my sleep at night test.
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Who knows? But eventually a competitor will develop a better product.